Accreditation

We know the accreditation page might seem daunting so here is some more information help you.

Why do you ask for accreditation

This is a mandatory question from the FCA our regulator in order to comply with COBS 4.12B Restrictions on the promotion of non-mainstream pooled investments.

During the pandemic there was a rise in people taking out high risk investments e.g. crypto without understanding the implications. This regulation helps to safeguard people taking out high risk investments like those on our Cur8 platform such as our v.c investments.

There have also been recent changes in the law, of which we base our policies below. You can find more information here

What is the criteria I need to meet?

Self-Certified Sophisticated investor

  • You have been the director of a company with an annual turnover of at least £1.6 Million.
  • You have worked in a professional capacity in the private equity sector or within finance at an SME in the last two years.
  • You have been a member of a network or syndicate of business angels for at least the last six months.

High net worth investor

  • You earn £170,000+/year, and/or hold net assets of at least £430,000.

Accredited investor (US only)

  • Individuals with annual income over $200K (individually) or $300K (with spouse or spousal equivalent) in each of the last 2 years and an expectation of the same this year
  • Individuals with net assets over $1 million, excluding the primary residence (unless more is owed on the mortgage than the residence is worth)
  • An institution with over $5 million in assets, such as a venture fund or a trust
  • An entity made up entirely of SEC accredited investors and state-registered investment advisers, or exempt reporting advisers filing with the SEC.
  • Individual with certain professional certifications (Series 7, Series 65, and Series 82 license)
  • “Family offices” with over $5 million in assets under management and their “family clients,” as each term is defined under the Investment Advisers Act
  • Any entity with over $5 million in investments and that was not formed for the specific purpose of investing in the securities offered
  • A rural business investment company (RBIC)

What can I do if I am unable to meet the current criteria?

If you’re unable to meet our current onboarding criteria, there are is an alternative option that could enable you to invest with us:

You can join the Cur8 mailing list and our syndicate community here and learn more about investing over the next 6 months. At the end of which you will qualify as a self-certified sophisticated investor.

As always, if you have any further questions or need additional assistance, please don’t hesitate to contact us

How often do I need to re-certify my status?

Every 12 months.

Do I need to upload any certifications or statements?

Not usually – although we may ask for this in certain cases.

What assets can my net worth include?

This could be a range of assets including cash, savings, jewellery, second home, investments. You can check out our net worth tracker to help you but must exclude your pension. 

What income can I include?

Aside from your base salary you could consider side hustle income, rental income, income from investments, or if investing with your partner any combined income.